Federated Investors Inc. PA trimmed its stake in Xilinx, Inc. (NASDAQ:XLNX) by 56.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,147 shares of the programmable devices maker’s stock after selling 6,633 shares during the quarter. Federated Investors Inc. PA’s holdings in Xilinx were worth $331,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Xilinx by 3.1% in the first quarter. Vanguard Group Inc. now owns 27,030,100 shares of the programmable devices maker’s stock worth $1,564,772,000 after purchasing an additional 812,627 shares during the period. Alliancebernstein L.P. grew its holdings in Xilinx by 3.8% in the first quarter. Alliancebernstein L.P. now owns 9,879,067 shares of the programmable devices maker’s stock worth $571,899,000 after purchasing an additional 358,064 shares during the period. Janus Capital Management LLC grew its holdings in Xilinx by 12.1% in the first quarter. Janus Capital Management LLC now owns 7,066,192 shares of the programmable devices maker’s stock worth $409,062,000 after purchasing an additional 764,384 shares during the period. Clearbridge Investments LLC grew its holdings in Xilinx by 9.8% in the first quarter. Clearbridge Investments LLC now owns 4,647,433 shares of the programmable devices maker’s stock worth $269,040,000 after purchasing an additional 413,912 shares during the period. Finally, Winslow Capital Management LLC acquired a new stake in Xilinx in the first quarter worth $203,769,000. Institutional investors and hedge funds own 97.41% of the company’s stock.

Shares of Xilinx, Inc. (XLNX) opened at 69.33 on Friday. The company has a market cap of $17.24 billion, a price-to-earnings ratio of 29.63 and a beta of 1.08. Xilinx, Inc. has a 12 month low of $48.75 and a 12 month high of $70.33. The firm has a 50-day moving average of $64.29 and a 200 day moving average of $63.15.

Xilinx (NASDAQ:XLNX) last announced its quarterly earnings results on Wednesday, July 26th. The programmable devices maker reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The firm had revenue of $615.40 million for the quarter, compared to the consensus estimate of $615.69 million. Xilinx had a net margin of 26.22% and a return on equity of 24.70%. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.61 EPS. On average, analysts expect that Xilinx, Inc. will post $2.54 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 30th. Stockholders of record on Thursday, August 10th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date was Tuesday, August 8th. Xilinx’s payout ratio is presently 60.09%.

In other news, CEO Moshe Gavrielov sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $69.76, for a total transaction of $1,744,000.00. Following the sale, the chief executive officer now owns 270,856 shares of the company’s stock, valued at approximately $18,894,914.56. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Steven L. Glaser sold 15,788 shares of the firm’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $63.38, for a total transaction of $1,000,643.44. Following the sale, the insider now directly owns 12,387 shares in the company, valued at approximately $785,088.06. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 52,931 shares of company stock worth $3,499,574. Insiders own 0.40% of the company’s stock.

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XLNX has been the subject of a number of research reports. Vetr upgraded shares of Xilinx from a “sell” rating to a “buy” rating and set a $69.47 price target for the company in a report on Monday, June 19th. Jefferies Group LLC upgraded shares of Xilinx from a “hold” rating to a “buy” rating and lifted their price objective for the company from $68.00 to $77.00 in a report on Monday, July 10th. BidaskClub cut shares of Xilinx from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 19th. KeyCorp set a $70.00 price objective on shares of Xilinx and gave the company a “buy” rating in a report on Thursday, July 27th. Finally, Credit Suisse Group set a $75.00 price objective on shares of Xilinx and gave the company a “buy” rating in a report on Thursday, July 27th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have given a buy rating to the company. Xilinx currently has an average rating of “Hold” and a consensus target price of $64.57.

About Xilinx

Xilinx, Inc (Xilinx) is engaged in designing and developing programmable devices and associated technologies. The Company’s programmable devices and associated technologies include integrated circuits (ICs) in the form of programmable logic devices (PLDs), including programmable System on Chips (SoCs) and three-dimensional ICs (3D ICs); software design tools to program the PLDs; targeted reference designs; printed circuit boards, and intellectual property (IP), which consists of Xilinx, and various third-party verification and IP cores.

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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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